TABLE OF CONTENTS ; Beware of scammers · Scammers play on fears, vulnerabilities · More red flags to watch for
For many, springtime means relief in the form of a tax refund. But if you need money right now, waiting for the IRS to issue your refund might not be ideal. That's where a tax refund loan comes in. While these loans can get you early access to funds, they can be expensive and unnecessary. "Consumers should carefully consider the advantages of having quicker access to the money versus the costs incurred to obtain the loan," says April Walker, lead manager for tax practice and ethics with the American Institute of Certified Public Accountants. ...
and TurboTax. Those companies offer services where consumers... as refund anticipation loans. It could also affect consumers... issue does highlight the need for more consumer awareness...
Intuit (TurboTax), H&R Block and Tax Slayer — has lobbied for... What are refund advance loans and refund anticipation checks? Some tax preparation services offer ways to get you money...
refund. That said, some tax preparation companies do offer... What’s the difference between refund anticipation loans and... Intuit (TurboTax), H&R Block and Tax Slayer — has lobbied...
I will offer six general comments, some of which pertain to a single option and some of which... that does not necessarily reflect the position of the IRS or the Treasury Department....
interest-bearing loans instead or no loan at all.” If a refund anticipation loan is not approved, you will likely still... Intuit (TurboTax), H&R Block and Tax Slayer — has lobbied for...
lower-cost TurboTax, offered by Intuit (INTU), other cut-rate... high-interest loans in anticipation of refunds. Liberty, for... Foes of refund loans, of course, paint them as unnecessary....
high-cost refund anticipation loans. If you used IRS Free... offer, which the company said will apply to about 60 million filers with a simple tax return. Tax filers using TurboTax Live...
Commercial tax preparation software, such as TurboTax, is widely used by individuals... over refund anticipation loans. Tax Filing Simplification Act of 2022 [edit] The Tax Filing...